Marc
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Registered: 11th Aug 02
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http://news.bbc.co.uk/sport1/hi/football/europe/8265563.stm
What are your thoughts on the matter Craig?
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Cosmo
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Registered: 29th Mar 01
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Where exactly are they going to find £180m by June 2010?
Fucking pie in the sky dreaming, much like the comments Chavski came out with saying they'd breakeven by 2010.
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Cosmo
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Registered: 29th Mar 01
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BTW, whats all this budget thing about?
I know what a budget is, but do madrid and Barca always produce a budget for the following year?
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Nath
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Registered: 3rd Apr 02
Location: MK
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Amazes me how Real Madrid are allowed to operate like this. They seem exempt from any closer investigation. Surely one day it's going to go very wrong for them?!
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Cosmo
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quote:
Originally posted by Nath
Amazes me how Real Madrid are allowed to operate like this. They seem exempt from any closer investigation. Surely one day it's going to go very wrong for them?!
No, because the Spanish Govt. arent like ours and will just bail them out as they did last time.
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Marc
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quote:
Originally posted by Cosmo
Where exactly are they going to find £180m by June 2010?
They must be banking (hehe) on winning everything
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Cosmo
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quote:
Originally posted by Marc
quote:
Originally posted by Cosmo
Where exactly are they going to find £180m by June 2010?
They must be banking (hehe) on winning everything
Just leave.
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Cavey
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Registered: 11th Nov 02
Location: Derby
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Shirt Sales, Media Revenue, Positioning in league/europe?
Can't imagine it being 180m in 1 year, and I know Beckham was massive in asia, but didn't he bring in £250m alone in 4/5 years, or something similar?
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Cosmo
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quote:
Originally posted by Cavey
Shirt Sales, Media Revenue, Positioning in league/europe?
Can't imagine it being 180m in 1 year, and I know Beckham was massive in asia, but didn't he bring in £250m alone in 4/5 years, or something similar?
You're talking about Revenue though, which is fine, they'll easily bring in £180m revenue by next June.
But out of that revenue they have huge costs, biggest of all being wages which I wouldnt mind would be £75-100m from now to June.
To lower the debt by £180m he will have to find £180m profit.
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Marc
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Registered: 11th Aug 02
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Anyone know hoe much money you get for winning La Liga and Copa Del Ray?
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Cosmo
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Im going to guess its a lot less than PL, which was about £50m last season.
But the difference between winning it and 3rd will be next to nothing, and they'd of always of budgeted for being in the top 3 imo. So its not going to bring in anymore than normal.
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Cosmo
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Some more info I found...
'Sales are expected to increase to 421.7 million euros ($620.4 million) in the year ending June 30, mainly on rising ticket sales and other stadium-related income, according to the team’s accounts. Pretax profit is expected to shrink 25 percent to 19 million euros.'
So only a 19m pre-tax profit? How is that going to downsize the loan by £180m?
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J da Silva
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Registered: 10th Apr 03
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I watched their game tonight, result aside they don't look capable of winning the CL at all.
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Marc
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Registered: 11th Aug 02
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Too many stars on the pitch?
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Cosmo
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Its still early days for them all as a team though, if or once they gel them they could be a great side.
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J da Silva
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Registered: 10th Apr 03
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quote:
Originally posted by Marc
Too many stars on the pitch?
To me, it looked like the midfield and front line were hunting the ball because the back four played with it for too long, leading to Xerez intercepting or hoofing it up over Benzema and Raul to Xerez' GK.
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Jules
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Registered: 26th Nov 04
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Aren't Real Madrid bank rolled by the Spanish goverment / national bank?
Hense why theirs debts don't really matter a shit
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Tom
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Registered: 3rd Apr 02
Location: Wirral, Merseyside
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Not officially no, but we we all know they benefit heavily from other organisations such as the banks.
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